Allstate And The Tom Joyner Foundation Work To Support Historically Black Colleges And Universities With Annual Quotes For Education Program

HBCU Students, Alumni and Supporters Can Help Raise $250,000 in Scholarship Funds to Help Keep HBCUs Strong

NORTHBROOK, Ill., Aug. 5, 2014 /PRNewswire/ -- As students head back to campus this fall, they'll embrace the same long-standing traditions as generations of college students who came before them. This year, Allstate and the Tom Joyner Foundation are encouraging students, alumni and supporters of Historically Black Colleges and Universities (HBCUs) across the country to recall the traditions, pride, and love they have for their HBCUs - and help keep them strong by participating in the Allstate Quotes for Education program in states where it's available.

For every person who receives an insurance quote from a participating Allstate agent between August 1 and Nov. 30, 2014, and mentions "Quotes for Education," Allstate will donate $10 -up to a total donation of $200,000. These funds will be donated to the Tom Joyner Foundation and earmarked for general scholarship funds to assist students attending HBCUs.

In addition, for the third year in a row, everyone will also have the opportunity to cast their vote for the HBCU of their choice to win an additional $50,000 in scholarship funding. In 2013, Grambling State University received the most votes and distributed scholarship funds to 50 students.

"Allstate and the Tom Joyner Foundation are proud to work together on the 2014 Quotes for Education program," said Cheryl Harris, Senior Vice President at Allstate and alumna of Florida A&M University. "HBCUs are hurting financially more than ever, and with assistance programs declining dramatically over the past couple of years, we realize the importance of investing in the future of HBCU students across the country. We hope the entire HBCU community will quote and vote, and join us in saying HBC 'I Owe' U."

According to a 2013 report by the Council for Aid to Education, only 10 percent of HBCU alumni actively give back to their alma maters. This year, Allstate and the Tom Joyner Foundation are challenging the HBCU community to help pay it forward and help future generations of HBCU students by participating in the Quotes for Education program.